Productivity and the Welfare of Nations
收藏NBER2012-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w17971
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资源简介：
We show that the welfare of a country's infinitely-lived representative consumer is summarized, to a first order, by total factor productivity (TFP) and by the capital stock per capita. These variables suffice to calculate welfare changes within a country, as well as welfare differences across
提供机构：
美国国家经济研究局
创建时间：
2012-04-01
